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    Tuesday, July 2, 2019

    Startups Share your startup - July 2019

    Startups Share your startup - July 2019


    Share your startup - July 2019

    Posted: 01 Jul 2019 04:08 AM PDT

    Tell us about your startup!

    /r/startups wants to hear what you're working on! Contest mode is on, so remember to select 'Show All' to see all the replies. If you don't see your post, you probably need to load more comments at the bottom. Also, all posts are sorted randomly, so the sort function doesn't seem to work.

    submitted by /u/AutoModerator
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    Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources

    Posted: 01 Jul 2019 06:11 AM PDT

    Welcome to this week's Support Thread. Please refer to the below suggested formats to get the most out of this thread.

    Need Support?

    Please use the following format to seek support:

    SUPPORT REQUEST

    What I am working on: What I need support with: Why I need support with this: My questions to the community: Requested Resources: Relevant URL: [if applicable] Additional Comments: Please add any additional comments that may provide more context around what you need support with so others can provide the most relevant support or guidance to you.

    Job Provider?

    Please use the following format to post a job listing:

    HIRING Company Name and URL: Job Title/Role: Employment Type: [Intern] [Contract] [Part Time] [Full Time] [Remote] Job Description/Responsibilities: Necessary Skills and Experience: Requested, but not necessary Skills and Experience: Job Compensation: Willing to Relocate New Hire: [yes] [no] Job Listing URL: Additional Comments:

    Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.

    Job Seeker?

    Please use the following format to post an offer to work :

    FOR HIRE Title/Role: Desired Location: Willing to Relocate: [yes] [no] Remote Availability: [yes] [no] Relevant Skills and Experience: Requested Salary/Hourly Rate: Resume/Portfolio URL: Additional Comments:

    Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.

    Resource Provider?

    Please use the following format to post an offer to work :

    RESOURCE Organization Name and URL: Location Served: Resource Name: Resource Description: Resource URL: Resource Cost:

    Do not forget to explore the /r/startups discord. We have many relevant channels to seek support, post job listings, share for hire offers, and share resources. You can also find more support using instant chat on the /r/startups discord.

    submitted by /u/AutoModerator
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    How can I be prepared for a B2B customer sale?

    Posted: 01 Jul 2019 11:22 AM PDT

    Whew. Just a week ago I was asking about the best business formation for my company (currently only a mobile app). Now I have a meeting with a potential business which seems excited about our product. They know the pricing and the services already. This deal could potentially be worth $300,000 to my company.

    How can I prepare for the first touch with this customer?

    submitted by /u/NCostello73
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    Advertising to creative and web design agencies

    Posted: 02 Jul 2019 01:27 AM PDT

    A ex-colleague of mine has asked for me to come onboard for his new startup which offers a service mainly aimed at creative and web design agencies. The service is ready to go and although he has a few customers which he used as sounding boards during development, he's looking for me to come on board to bring new ones in.

    Previously I've only done B2C marketing and am struggling to see how we could efficiently advertise to these target customers. Of course I was planning to hit as many conferences and networking events as possible, but I'm worried that the lag time will be too long and there aren't another enough industry specific events to make this a viable strategy.

    Has anyone marketed to customer targets like these before? If so, how did you do it?

    submitted by /u/packofcards
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    What is MVP and why it is crucial to product success

    Posted: 02 Jul 2019 01:52 AM PDT

    What does MVP stand for? What are the benefits of developing an MVP? How do I go about it? - these are just few questions that we get asked often by prospective clients. We have decided to write an article that answers these questions and offers a few tips on how to go about developing a successful MVP.

    MVP stands for Minimum Viable Product and it usually contains only the key set of features that are necessary to operate the product and understand its main function. Take any word processing software for example, an MVP of a word processing software would be an ability to type in plain text and save the file. No fancy editing capabilities, export options, or any other bells-and-whistles that are available in a fully developed product.

    Why an MVP is important and why would anyone want to release such a rudimentary product to customers?

    1. MVP gives entrepreneurs an opportunity to test out their idea with real customers and make sure that there is a true need for their product. If the problem they are trying to solve is truly painful and their product offers a viable solution, then even the minimal functionality offered by an MVP will be proven successful.

    2. Launching the product quickly with an MVP will position the company as first-to-market and offer the first-mover advantages which could ultimately play a significant role in company's success.

    3. Receiving feedback from real users provides an invaluable opportunity to create a product roadmap that is based on real users' desires. So, instead of spending money and resources on developing features that may or may not achieve success in the market, the company is able to focus on features that their users actually need.

    4. Early adopters (first MVP users) become an integral part of the product development lifecycle and if they are happy they will help promote the product and build brand awareness.

    5. Raising financing can be much easier with an MVP. First, you can clearly demo your product to potential investors instead of walking them through a hypothetical scenario in a power point presentation. Second, having real people who use your product provides a much better evidence of traction as opposed to market research numbers in an Excel file.

    When developing an MVP, it is important to understand that the end-results should NOT be an incomplete first version of the ultimate offering. An MVP should be a truly viable solution that can solve the problem that the business wants to solve. Hence, it is important to strike the right balance between minimum development and maximum value. The MVP should highlight product's unique proposition without overwhelming users with unnecessary features. Consider the following guidelines when planning your MVP development:

    1. Quality matters - since the product has limited functionality to begin with, it should be flawless!

    2. Make sure that the functionality you include is truly necessary to showcase product's most basic purpose and functionality.

    3. Pay attention to UX and UI of your MVP.

    4. Research competitors and see what can be done better.

    5. Monitor user behaviour and incorporate feedback.

    6. Do not forget about revenue model.

    7. Do not hesitate to start over or pivot your product if the results of the market test are not favorable.

    At JetRockets we have helped many clients design and develop MVPs for various types of projects. If you have any questions on how to make an MVP or are looking for a complimentary consultation, don't hesitate to reach out.

    Original article: https://jetrockets.pro/blog/what-is-mvp-and-why-it-is-crucial-to-product-success

    submitted by /u/igor-alexandrov
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    Trends in Online Promotions

    Posted: 02 Jul 2019 12:36 AM PDT

    Social media is a key instrument which helps businesses to reach out to target customers cost effectively. Increased competition has caused businesses to change their approach of promoting in social media. In that context, four key prevalent trends of social media promotions have been identified as below.

    Trend One: Businesses use more illustrations to promote their products. Companies use arts to make these illustrations. More and more businesses are incorporating art and artists into their branding arcs. Even companies such as Google, Airbnb and Facebook are also using arts for branding.

    Trend Two: Use of minimalism is another key trend for branding. Minimalism makes sense because it's visually appealing. It may especially be helpful in the case of B2B companies simplifying processes through tools like Intercom and Salesforce.

    Trend Three: The millennials are gaining purchasing power. They are more focused on social status. But, the baby boomers are more inclined to satisfy their social status. Therefore, many companies such as Gillette, are taking different approaches to target millennials and baby boomers.

    Trend Four: Businesses have started to use creativity in their online domain name. It helps them to deliver clear picture to the target customers about the motive of the business. As an example, Dropbox initially launched its website URL was "GetDropbox.com.". However, ".com" extension is still superior to other domain extensions.

    However, there are various other trends prevalent in online promotions. You are welcome to mention those trends.

    submitted by /u/intelligent_q
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    Tax implications for investors in a SAFE?

    Posted: 01 Jul 2019 01:35 PM PDT

    Someone recently invested in my startup via a SAFE. He is now asking what his tax obligations are i.e. what does he need to report to the IRS.

    My startup is a Delaware C Corp and the investor is in the US.

    Any angels or founders have experience with this? Would be extremely grateful!

    submitted by /u/PracticalArtist4
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    Advice on hiring to help validate an idea

    Posted: 01 Jul 2019 05:26 PM PDT

    I've been developing a logging / error tracking service for web developers that gives a code-level view of what went wrong and why. It is very similar to a company that does the same thing, except for a completely different market. To my knowledge, there's not a similar service for my potential customers (specifically, detailed error / log callstacks with variable data).

    With the company I mentioned being so successful but in a different area, and with my personal knowledge of how beneficial this might be for JS/TS developers, I've gone far into the development of it. But I've started to accept that an MVP might be a while away.

    I've not done the amount of validation for this idea that I should have. At this point, I'd like to hire somebody who has a technical awareness of why this might be worthwhile. I'd love to see some kind of metrics that help prove that this is valuable, or not, before I go further into it.

    I'm sure there are companies, services, or individuals who provide this service, but I don't know where to start. My idea is they might perform interviews with companies, or advertising for my business that doesn't exist yet, or something else I'm not thinking of.

    Does anyone have any recommendations of the type of people and their roles that I could contact for this? I appreciate any advice.

    • For non-developers: the company I mentioned gives developers a way to see extreme detail about what went wrong like no other company, but they're for Java and Scala -- doing this for JavaScript and TypeScript involves some black magic and maybe some concessions
    submitted by /u/whiskeysprite
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    How to approach a Series A funding campaign?

    Posted: 01 Jul 2019 03:50 PM PDT

    So I'm currently working on a start-up social network platform, and as we are approaching the release of our product, at least for beta testing, and we decided we should start to formulate a Series A funding campaign.

    I wanted to know, what are some recommendations for how to approach this/kick it off.

    Thank you!

    submitted by /u/My-Cousin-Bobby
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    16 yo planning to start a tech company, what is the path to take?

    Posted: 01 Jul 2019 06:20 AM PDT

    Currently studying highschool in central Europe (cz) and I want to be a tech entrepreneuer ever since my childhood, I love new technology and I am learning some java these days. But I am very unable to find the way out to start, where to meet the right people, fing mentor if so etc. Everyone around me seems to choose the typical degree 9-5 way.

    Thanks 🙂

    submitted by /u/Kneddlos
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    Need help with equity discussions after joining startup

    Posted: 01 Jul 2019 05:56 AM PDT

    Basically I've joined a startup at a really weird time and need guidance on what I should do (want to try keep this post anonymous).

    I have been friends with co-founder A and co-founder B for years. They created a startup a few years ago but keep me somewhat in the loop. During these years, they attempted a few avenues for revenue/products but they never got off the ground. They built a lot of relationships in this area but still don't have a product.

    Fast forward to recently, they pivoted, they told investors the new idea (who are very interested) who then said to get a co-founder/someone who can build the software (they are tech co-founders but aren't developers). They approach me, I'm interested, I get more involved. Early talks of me becoming a co-founder with three-way equal split equity. This changes to working for free and 15-20% equity instead, which I was happy with.

    Now, co-founder only wants to give me 5% with stock options. I counter by saying I want more equity or pay me now. The discussion then changes from this to "we will see after the MVP is done" and is now basically build something and show your value. I countered by saying I shouldn't have to prove myself or my knowledge. Discussion ends there. During the start I said I want to finalise the equity stuff so this situation doesn't arise, but discussions were had very slowly.

    At this point I have only built a very basic and brief demo, and am currently making the MVP (slowly). I should note that I am building a large majority of the MVP. I know the obvious answer is to stop working, but how can I approach this so I can open them up to the idea of me having more equity? I am quite invested in their idea and want to continue with it, but the lack of equity makes me want to stop. I have not signed any documents at all.

    Mods: I used a throwaway for this (I am looking for a serious discussion), let me know if this isn't allowed. Thanks

    submitted by /u/jasekgsejkng
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    Startup owners / recruiters, what do you think about cold CV's?

    Posted: 01 Jul 2019 06:07 AM PDT

    Basically what the title says. I am thinking of sending out a few cold CV's but not sure of the pros and cons that might come. I am a specialist in a niche, but junior level. I have work experience in a startup and don't want to give up the startup life for a big company.

    submitted by /u/cherrycarrot
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